Barry E. Davis - Mar 18, 2022 Form 4 Insider Report for EnLink Midstream, LLC (ENLC)

Role
Chairman and CEO, Director
Signature
Sarah M. Rechter, by power of attorney
Stock symbol
ENLC
Transactions as of
Mar 18, 2022
Transactions value $
-$61,984
Form type
4
Date filed
3/22/2022, 08:05 PM
Previous filing
Jan 31, 2022
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENLC Common Units Award $0 +73.6K +2.4% $0.00 3.14M Mar 18, 2022 Direct F1
transaction ENLC Common Units Award $0 +17.8K +0.57% $0.00 3.15M Mar 18, 2022 Direct F2
transaction ENLC Common Units Tax liability -$62K -6.99K -0.22% $8.87 3.15M Mar 18, 2022 Direct
holding ENLC Common Units 1.1M Mar 18, 2022 By MK Holdings, LP F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This is a grant of restricted incentive units under the company's long-term incentive plan which are scheduled to vest on January 1, 2025.
F2 This is a grant of immediately-vesting restricted incentive units under the Company's long-term incentive plan awarded in connection with the annual bonus, and the surrender of common units for associated tax liabilities.
F3 These units are held by MK Holdings, LP, a family limited partnership, which the reporting person controls.
F4 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The inclusion of these units in this report shall not be deemed an admission of beneficial ownership of all of the reported units for purposes of Section 16 or for any other purpose.